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Rare 20-Acre Middletown Estate

40 Independence Road, Red Bank, NJ 07701

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For Sale

$10,000,000

MULTI_FAMILY - Red Bank, NJ

Lot size:

20.47 Acres

HighLights

20‑acre estate in Middletown, NJ with a 15‑acre parcel plus two 2.5‑acre lots with Chapel Hill Rd access
Includes 5 residences and distinctive exterior features such as a clock tower, Gothic arches, and stone courtyards
Ludowici tile roofs with hand‑carved oak doors and interconnecting pebble drives
Horse facilities include a small barn with paddocks and granite hitching posts
Property designed by Alfred Hopkins, with landscapes by Martha Brookes Hutcheson
1932 construction with stucco exterior; central air cooling, zoned heating, oversize parking, fireplace, public water, and septic tank

We can help!

Listing Contact

Kelly Zaccaro

For Sale

$10,000,000

MULTI_FAMILY - Red Bank, NJ

Lot size:

20.47 Acres

Added:: Mar 23, 2026
Days on Market:: 92
Last Refresh:: Jun 22 at 10:06 pm

Property Features for 40 Independence Road

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 16
Bathrooms: 12
Rooms: Bathroom 12, Bathroom 11, Bedroom 7, Bedroom 6, Bedroom 2, Bathroom 6, Bathroom 10, Bathroom 7, Basement, Bedroom 9, Bedroom 10, Bedroom 1, Bedroom 15, Bathroom 3, Bathroom 2, Bathroom 9, Bedroom 8, Bathroom 1, Bedroom 11, Bedroom 16, Bedroom 5, Bathroom 8, Bedroom 4, Bathroom 4, Bedroom 3, Bathroom 5, Bedroom 14, Bedroom 13, Bedroom 12
Parking features: Oversize
Fireplace: 1
Basement: Full
Standard status: Active
APN: 32-00882-0000-00008
Lot size: 20.47 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 64939

Utilities

Sewer type: Septic Tank
Heating system: Zoned
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1932
Number of units: 1
Building materials: Stucco

We can help!

Listing Contact

Kelly Zaccaro

Listing agent Kelly Zaccaro

Listing office Heritage House Sotheby's International Realty 1 W River Road, Middletown, NJ

Listing date Mar 23, 2026

MLS# 22607710 Listing URL

HighLights

20‑acre estate in Middletown, NJ with a 15‑acre parcel plus two 2.5‑acre lots with Chapel Hill Rd access
Includes 5 residences and distinctive exterior features such as a clock tower, Gothic arches, and stone courtyards
Ludowici tile roofs with hand‑carved oak doors and interconnecting pebble drives
Horse facilities include a small barn with paddocks and granite hitching posts
Property designed by Alfred Hopkins, with landscapes by Martha Brookes Hutcheson
1932 construction with stucco exterior; central air cooling, zoned heating, oversize parking, fireplace, public water, and septic tank

Overview

This rare 20.47-acre estate is located in Middletown, NJ. The property includes a 15-acre parcel and two 2.5-acre lots, one of which is improved with a cottage, and is comprised of five residences, a clock tower, Gothic arches, ivy-covered stone courtyards, Ludowici tile roofs, hand-carved oak doors, and interconnecting pebble drives. The property also features granite hitching posts, original stone fountains, and a small barn with paddocks. The estate includes meadows and tree lines. Designed by architect Alfred Hopkins, with landscapes by Martha Brookes Hutcheson, the estate was built for the Straus family of Macy's. The property has Chapel Hill Rd access and the smaller lots are saleable separately. Wisteria and English ivy cover the walls. This property is located in Red Bank, in Monmouth County.

Property Profile Location Intelligence

Current Use by Public Records

Horse & equestrian properties

Map

City: Red Bank
County: Monmouth
State: New Jersey
Longitude: -74.072558
Latitude: 40.37939

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For sale
Horse & equestrian properties
NJ
Red Bank
07701
40 Independence Road

What type of property is this?

Horse & equestrian property - Unique estate with residences, equestrian facilities, and historical significance.

Where is this horse & equestrian property located?

The property is located at 40 Independence Road Red Bank, NJ.

What is the asking price?

The asking price for this property is $10,000,000.

What are key features of this property?

This property features: 20‑acre estate in Middletown, NJ with a 15‑acre parcel plus two 2.5‑acre lots with Chapel Hill Rd access; Includes 5 residences and distinctive exterior features such as a clock tower, Gothic arches, and stone courtyards; Ludowici tile roofs with hand‑carved oak doors and interconnecting pebble drives

40 Independence Road, Red Bank, NJ 07701

MULTI_FAMILY - Red Bank, NJ

Property Features for 40 Independence Road

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Map

Nearby Similar for Sale

Victorian Professional Office Building

Red Bank Professional Office Space

Red Bank Retail Investment Property

Three-Story Office Building

Red Bank Multifamily Investment Opportunity

Modern Office Space in Red Bank

Rare 20-Acre Estate in Middletown

Prime Corner Retail Opportunity

Restored Two-Family Victorian Townhouse

Office Building

Renovated Victorian Office Building For Sale

Specialty Suite for Sale

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